Making a case for offshore investing

admin Investment

State capture, corruption, land expropriation without compensation. These are all terms that have become part of the South African lexicon and part of our daily reality. According to the recent 2020 Bloomberg Misery Index which ranks major economies by inflation and unemployment expectations, South Africa is the third-most miserable economy in the world. Not surprisingly, the Rainbow Nation’s economy is …

Lifestyle-orientated planning and client-centricity go hand in hand

admin Uncategorized

BY: GAVIN VAN DYK Client centricity, developed through dialogue rather than through number crunching, has been a major theme in financial planning recently, and builds a case for a lifestyle-orientated approach. This begins when a client first contacts a financial planner and for most, this is at the time of their retirement. Typically, the leading question they will ask is whether …

Governments have to weigh feedback loop of health and business crises

admin Illness, Lifestyle, Retirement

Though the Covid-19 pandemic is unquestionably a health crisis, focusing only on the health aspects of the virus is too narrow a perspective. Much more is occurring than a health-care challenge. The global financial crisis of 2008 originated from poor financial practices. The lasting consequences of the financial crisis led to a business crisis, which led to a health-care crisis. …

Tough times call for tough financial decisions

admin Planning, Retirement, Savings

For most people, times could not be tougher, and implementing a budget will go a long way in taking ownership of your finances. Knowing where you spend – and where you want to spend your hard-earned money, will have a substantial impact on your long-term financial well-being. This is according to Duann Cronje, a Certified Financial Planner at Fiscal Private …

Retirement savings quandrum when considering emigration

admin Planning, Retirement, Savings

With all the political and socio-economic challenges in South Africa emigration numbers continue to rise. Those remaining in the country are questioning if a retirement savings investment is worthwhile when emigration remains a future option. Elena Bevilacqua, Certified Financial Planner ® professional at Fiscal Private Client Services looks at the concept of saving for retirement, “As soon as one starts …

The doomsayers will be wrong again

admin Illness, Lifestyle, Planning

Keep learning, evaluating and looking forward, because the world will keep changing A quick look around will remind us that life can change quickly — as we are experiencing in the coronavirus era. Nothing lasts forever, not even the virus, say the world’s leading epidemiologists. We certainly don’t, nor do businesses, or leaders, movements or political parties. It is important …

Seven cures for a lean purse

admin Education, Illness, Investment, Lifestyle, Planning, Retirement, Savings

– Age-old money lessons from 1926 that apply in 2020 There is much uncertainty in the world today and the effects of the coronavirus pandemic has had a significant impact on the financial and emotional well-being of many South Africans. COVID-19 and the consequent lockdowns have plunged many countries into recession in 2020 with the steepest per capita income contraction …

K-Shaped Recovery

admin Investment, Lifestyle, Planning

The recovery of a stock market following a market crash is generally described using a letter of the alphabet. A V-shaped recovery refers to a short, sharp market recovery back to pre-crash levels, while a U-shaped recovery is used where markets remain subdued for a period of time before a recovery. A W-shaped recovery occurs where a V-shaped recovery is …

Fiscal Private Client Services’ Andrew Bradley on what smart money is buying

admin Uncategorized

Lately finding value for investors has been a difficult task for even the most astute financial planners. Andrew Bradley, co-owner of Fiscal Private Client Services, a wealth management company based in Cape Town, says the fundamentals of investing remain critical. CNBC Africa Kopano Gumbi caught up with him for more on reimagining investing, including broadening the property market in Botswana. …